St. Paul daily globe., 1887-10-22
The COMMERCIAL RECORD.
On the Chicago Beard of Trade All
the Markets Opened
Steady.
Receipts Of Wheat at Primary Points
We're Below the General
Average.
Transactions in the Financial Circles
OF Wall Street.-The General
Quotations.
Special to the Globe.

y u.
steady and provisions a little stronger around
the opening this morning. There was rather
more disposition to trade III wheat, but the
market was not in the least excited. Wheat
cables were steady. The wheat market
bulled easily to day and beared very hard DE
eember ranged at 727s@73Ssc and May at
7SA@T9l2c, with the average nearer the out
side than the inside extreme. The market
firmed up early on encouraging cables ana
later on the Cincinnati Price Current estl-
mate that there is 50,000,O00 bu less in the
country now than there was year ago. Inc
Price Current was here early i'll the morning,
but the scalpers in the pit didn't
hear of the estimate till nearly noon.
The l o'clock prices were nearly at the au-
vance in the price of wheat, and the advance
in freights has checked the shipping busl-
ness at interior points, but exporters at the
seaboard report good inquiry and lively
trade for foreign account. There is fair
local shipping demand for red winter and
the lower grades of spring wheat. The de-
sirable lots of No. 2 spring wheat are still
licked up beyond reach. Corn was rather
quiet with May ranging at 44S4@45s4c. Old
Hutch bought 600, 200 bushels of May at
about 45c, and this was the only
indication of trading. Receipts continue
moderate, and shippers are kept busy.
The market holds steady at the current range
of values Provisions were less active after
the first hours but the market held firm at
somewhat improved prices. Receipts of
hogs are falling off, and those that arrive
command better prices. January pork sold
up 10 Sl2.10. January ribs at S6.1O and
January lard at ST.. 22l2. Estimated receipts
for tomorrow wheat, 152 cars; corn, $50
ears; OATS 205 ears; hogs, 13,00i head; lake
sOsDn I.,, - fb.aa
noon session wheat was active and shade
lower, corn quiet and provisions steady. The
2:3O prices were: Wheat-October, 71Isc;
November, T1asc; December, 1850; May,
7Sa4@7S7sc. Corn-October, 4o7sc; Novem-
Der, 41Q41Isc; December, Ale; May, 45c.
Oats-October, 253sc; November and Decem-
Der, 25lac; May, 29Iac. Pork-January,
S!2O7l2@12. Lard-Octoher, S6.27la;
November and December, S6.14; January,
$500; May, $3.50 Ribs-October S7.O5;
January, 1922.
THE ROUTINE REPORT.
CHICAGO Oct. 21.-All the markets opened
steady to day and not much changed from
Yesterdays closing figures. The strength
that appeared i'll the early markets came al
most entirely from the tone OF cables, which
were quite strong. Wheat was also helped
by The receipts N the primary points being
below the average, and fair clearances
There was also less inclination TO realize than
on yesterday. An article in the Cincinnati
Price Current. estimating the visible supply
at D j 600. 600 bu less than last year was an
additional strengthening influence. Shorts
covered freely, trading chiefly for December
and May deliveries. December wheat opened
at 73@73Isc, sold at 727s@1 13c,, rallied to
73l2c, reacted to 734c, then advanced to
1850 and closed at 1850. Corn was rather
quiet to-day and trading was limite0 mainly
10 May delivery, and confined to
local operators. The feeling was steady, in
and the free buying at times by one or two
large local houses. The market opened at yes
terday closing prices fluctuated within A@
Ssc range, and closed ls@Ac higher than yes
terday. The demand for the contract grades
was only fair, shippers buving moderately,
there being no vessel room here and rates re-
manning firm. Oats opened dull and weaker
for the near futures, but subsequently re-
covered, being influenced by the firmness in
other markets. May delivery ruled firm and
all through the session, being in rather better
request. The near futures closed at about
1sc advance and May unchanged al 298sc
ruled higher for the leading spec
ulative articles. The receipts of hogs
were smaller than the estimates
and prices ruled higher. which feature
interest, and at the same time tended to
limit the offerings, especially of the near de-
liveries. Trading however, was only mod
erately active. The inquiry on shipping ac-
meet the views of sellers, and the volume of
business was lighter than for several days
past The receipts of products were larger
than during the previous days of the week,
and the shipments were moderately free
Shorts appear more anxious to cover and
January pork advanced 15c from yesterdays
closing price, selling at S12@12.I2l2 and
closing at 12.07la. Lard advanced SC and
closed at S61212, January lard at S611l2@
6.22l2 and closed at $3.50.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat No. 2, October opening 10S4c, closing
z11se; November, opening 7ll2c, closing
1850: May, opening 7S1sc, closing 7ss4c
Corn No. 2, October. opening 4034c closing
407Bc; November, opening 41c, closing
Ale: May, opening, 44ssc, closing 45c,
Oats No. 2, October, opening 25ssc, closing
253sc; November, opening 2512c, closing
222$sc; December. opening 25l2, closing
Mess Pork. per bbl.@January, opening
100 lbs.-october, opening $500, closing
S62|l2; November, opening Sc. 1912, clos
closing $3.50. Short Ribs, per 100 lbs,
October, opening 81, closing 500;
January opening s6.1o, closing S6.12l2.
unchanged. Wheat-No 3 spring, lisa
71Ac; No. spring, 64c: No. red. 72c.
Corn-No. 2, 407sc. Oats-No. 2. 14c Rye
No. 2, 50l2@51c. Barley-No. 2, zoe.
FlaXseedaNo; 1, $1;OSl2; prime timothy
Lard, per 100 lbs, So. 50. Short rib sides
Qoosel 81; dry salted shoulders (boxed),
$5.40@5.50; short clear sides (boxed),
S7.35@7.4O. Whisky-Distillers' finished
goods, per gallon, S1.1O. Sugars-Cut loaf,
&c; granulated, 6s4c; Standard a. 6lac.
Reeeipts-Flour $4,000 bbls; wheat, 81
600 bu: corn, $4,000 bu; oats, I47 600 bu;
rye, 900 bu; barley ,36, 600 bu. Shipments
corn, 324 GOO bu; oats, 1877 600 bu; rye,
1000 bu; barley, 10000 bu. On the prod,
nee exchange to-day the butter market as
dull with creamery at 1S@25c; dBiry, 16@